Gold & WTI Crude Oil Key Trading Levels – Trump Eases the Market
Over the weekend, US President Donald Trump foretold that China would take down its trade barriers. This was a show of confidence despite...
On Friday, the commodity market remained supported after worse than expected US economic events. The US economy added fewer jobs than expected. In particular, the US NFP disappointed the market with 103K jobs in March 2018. Now, investors’ focus has shifted to the US inflation figures which are due to be released on Wednesday.
Over the weekend, US President Donald Trump foretold that China would take down its trade barriers. This was a show of confidence despite the escalating trade tensions between the world’s two largest economies that have troubled global markets over the past week.
Gold – XAU/USD – Trading Levels
Support Resistance
1325.65 1348.49
1318.59 1355.55
1307.17 1366.97
Key Trading Level: 1337.07
WTI – Crude Oil – Trading Levels
Support Resistance
61.72 64.48
60.87 65.33
59.49 66.71
Key Trading Level: 63.1
Stay tuned to our Forex trading signals as there is much action in the market today. Good luck!
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Related Articles
Comments
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals